CAS1501
Assignment 6 Semester 2 2024
Unique Number: 731393
Due Date: 29 October 2024
3 ANSWER SETS INCLUDED
C1:
My encounter with CAS1501 has already influenced my perspective on becoming an
accountancy professional by highlighting the critical role of personal ethics, integrity, and
accountability in shaping a trustworthy and responsible career in accountancy.
C2:
From the case study: "A South African organisation focused on Protecting the Interests of
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3 ANSWER SETS INCLUDED
C1:
My encounter with CAS1501 has already influenced my perspective on becoming an
accountancy professional by highlighting the critical role of personal ethics, integrity,
and accountability in shaping a trustworthy and responsible career in accountancy.
C2:
From the case study: "A South African organisation focused on Protecting the
Interests of Civic Society (PICS) laid criminal charges against Mr Gwarube for
violating his obligations in terms of both the Companies Act and the Public Finance
Management Act (PFMA)."
C3.1:
Charges are considered criminal when they involve an individual's actions that
violate the law, often harming society, the state, or specific individuals. In the case
study, Mr. Gwarube is accused of breaching the Companies Act and the PFMA, acts
that involve gross negligence, the abuse of power, and personal financial gain at the
expense of the public interest, which are all crimes under South African law.
C3.2:
Reference: South African law regarding criminal acts under the Companies Act and
PFMA.
C4:
From the case study: "The charges against Mr Gwarube are based on leaked emails
highlighting Gwarube’s role in the sharing of sensitive KiloWatt information in return
for his own personal financial gain."
C5:
In the eyes of society, Mr. Gwarube compromised the required role by acting in self-
interest rather than prioritizing the public and the company's best interests, which he
was obligated to serve as a board member and leader of KiloWatt.
